Friday, 19 December 2014
Last updated 12 hours ago
Feb 10 2006 | 9:56pm ET
Coming off a year of so-so returns, hedge funds got off to a good start in January, with the preliminary results of the Greenwich-Van Global Hedge Fund Index and the Hennessee Hedge Fund Index both showing gains of 3.5% for the month, compared with the Standard & Poors 500, which returned 2.65%. Meanwhile, the Dow Jones Industrial Average was up 1.38% and the NASDAQ Composite Index rose 4.56%.
According to the Greenwich-Van index, emerging market managers continued to lead the way with estimated returns of 7.1% and aggressive long/short managers came in second, up 5.3%. Short sellers were the worst performers, down an estimated 4.7%.
The Greenwich-Van index compiled information from 426 funds and calculated hedge fund performance net of fees. Final January results will come out at the end of February and will include a larger number of funds.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.